Petroleum Technology Company

Stavanger, Norway Founded: 2002 • Age: 24 yrs Acquired By Interwell
Gas lift valves, chemical injection, and software tools are manufactured.
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About Petroleum Technology Company

Petroleum Technology Company is a company based in Stavanger (Norway) founded in 2002 was acquired by Interwell in May 2022.. The company has 106 employees as of December 31, 2022.

  • Headquarter Stavanger, Norway
  • Employees 106 as on 31 Dec, 2022
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    106

    as on Dec 31, 2022

  • Acquired by
    Interwell

    (May 02, 2022)

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Funding Insights of Petroleum Technology Company

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Petroleum Technology Company

Petroleum Technology Company has secured backing from 1 investor. Prominent investors backing the company include Interwell. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Provider of well construction and maintenance solutions for the energy sector
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Petroleum Technology Company

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Petroleum Technology Company

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Petroleum Technology Company Comparisons

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Competitors of Petroleum Technology Company

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Petroleum Technology Company

Frequently Asked Questions about Petroleum Technology Company

When was Petroleum Technology Company founded?

Petroleum Technology Company was founded in 2002.

Where is Petroleum Technology Company located?

Petroleum Technology Company is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.

Who is the current CEO of Petroleum Technology Company?

Rolf Haland is the current CEO of Petroleum Technology Company.

How many employees does Petroleum Technology Company have?

As of Dec 31, 2022, the latest employee count at Petroleum Technology Company is 106.

What does Petroleum Technology Company do?

Petroleum Technology Company was founded in 2002 and is headquartered in Stavanger, Norway. Operations focus on the petroleum sector, where gas lift valves and chemical injection systems are produced to support oil and gas production. Software tools for related applications are also developed. The company serves clients in the energy industry through these specialized manufacturing and technology offerings.

Who are Petroleum Technology Company's investors?

Petroleum Technology Company has 1 investor. Key investors include Interwell.

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